TIDMAIR

RNS Number : 4841S

Air Partner PLC

17 March 2021

LEI: 213800JLR6YIRMSCUS98

17 March 2021

Air Partner plc

("Air Partner", "Company" or "Group")

Related Party Share Dealing

Air Partner, the global aviation services group, announces that the Company was notified on 16 March 2021 that Michelle Briffa, the wife of Group Chief Executive Officer Mark Briffa, sold 30,723 shares of 1p each in the Company ("Ordinary Shares") at GBP0.652 each and bought back after brokers fees 30,429 Ordinary Shares at a price of GBP0.653 each through a Bed and ISA arrangement.

Following the above transactions, Mr. Briffa's beneficial interest in Air Partner is 821,836 Ordinary Shares, which equates to approximately 1.29% of the Company's total issued share capital.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                  Michelle Briffa 
     -------------------------------------  -------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                       Wife of Group Chief Executive 
                                              Officer 
     -------------------------------------  -------------------------------- 
 b)   Initial notification/Amendment:        Initial notification 
     -------------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                                  Air Partner plc 
     -------------------------------------  -------------------------------- 
 b)   LEI:                                   213800JLR6YIRMSCUS98 
     -------------------------------------  -------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ----------------------------------------------------------------------- 
 a)   Description of the financial           Ordinary shares of 1 pence 
       instrument, type of instrument:        each in Air Partner plc 
       Identification code:                   GB00BD73628 
     -------------------------------------  -------------------------------- 
 b)   Nature of the transaction:             Sell and buy shares by 
                                              means of a Bed and ISA 
                                              arrangement 
     -------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s):                  Price(s)    Volume(s) 
       Sell                                     GBP0.652    30,723 
       Buy                                                 ---------- 
                                                GBP0.653    30,429 
                                                           ---------- 
     -------------------------------------  -------------------------------- 
 d)   Aggregated information:                 Not applicable - single 
       Aggregated volume:                      transaction 
       Price: 
     -------------------------------------  -------------------------------- 
 e)   Date of the transaction:               12 March 2021 
     -------------------------------------  -------------------------------- 
 f)   Place of the transaction               London Stock Exchange 
     -------------------------------------  -------------------------------- 
 

The Directors of Air Partner accept responsibility for this announcement.

ENDS

 
 Enquiries: 
 Air Partner                               01293 844788 
 Mark Briffa, CEO 
 Joanne Estell, CFO 
 
 TB Cardew (Financial PR advisor to Air 
  Partner)                                 020 7930 0777 
                                           07789 998 
 Tom Allison                                020 
                                           07766 231 
 Joe McGregor                               520 
 

About Air Partner:

Founded in 1961, Air Partner is a global aviation services group providing aircraft charter and aviation safety & security solutions to industry, commerce, governments and private individuals, across civil and military organisations. The Group has two divisions: Air Partner Charter, comprising Group Charter, Private Jets, Freight and Specialist Services; and Air Partner Safety & Security (formerly Consulting & Training), which comprises Baines Simmons, Redline Assured Security and Managed Services.

Group Charter charters large airliners to move groups of any size. Private Jets offers the Company's unique pre-paid JetCard scheme and on-demand charter for up to 19 people. Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Specialist Services comprises Air Partner's other aviation services that complement its Charter business: Remarketing, ACMI, scheduled group travel, tour operations, air evacuation and flight operations.

Baines Simmons offers aviation safety management and fatigue risk management. Redline Assured Security delivers government-standard security training, consultancy and solutions to regulated, high value and high threat environments. Managed Services offers wildlife hazard management, aircraft registry services, consultancy services for airports and logistics operations, remote condition monitoring and baggage system testing.

Air Partner has 16 locations across three continents, with its headquarters located alongside Gatwick airport in the UK. The group employs around 450 aviation professionals globally and operates 24/7. Air Partner is listed on the London Stock Exchange (AIR) and is the only publicly listed air charter broker and aviation safety & security consultancy. It is ISO 9001:2015 compliant for commercial airline and private jet solutions worldwide.

More information is available on the company's website (www.airpartner.com).

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END

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